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EthXY Fun

Daily memecoins on Base. Memecoin where holding token generates yield in ETH allowing you to capture 5% of the buy and sell volume of that token.

EthXY Fun

Created At

ETHGlobal Bangkok

Project Description

Only one memecoin launches per day. Everyone's liquidity is pooled together and everyone votes on the token's symbol and name. Proposing the winning name gets you 5% of the supply. Holding onto the token generates yield in eth allowing you to capture 5% of the buy and sell volume.

How it's Made

We constructed a novel token smart contract that automatically stakes when the token is at rest. The distributor contract can automatically collect yield in WETH or ETH then distribute it out to token holders. Token holders can perform a zero balance transfer to themselves as a handy way to claim yield directly in their EoA wallets without invoking a special contract call

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